Question

In: Finance

Persons insured under Section I of the HO-3 policy include which of the following? I. The...

Persons insured under Section I of the HO-3 policy include which of the following?

I. The named insured's mother-in-law, who lives in the same household as the insured.

II. A 16-year-old Italian exchange student, who is residing with the named insured while attending high school in the United States.

Solutions

Expert Solution

Persons insured under Section I of the HO-3 policy include both I and II.

This is because persons insured under Section I of the HO-3 policy include

  • named insure and all residents of the household who are relatives of the named insured
  • Other persons who are unser the age of 21 and in the care of the named insured

Therefore, persons insured under Section I of the HO-3 policy include both:

I. The named insured's mother-in-law, who lives in the same household as the insured.

II. A 16-year-old Italian exchange student, who is residing with the named insured while attending high school in the United States.


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